Celgene

Celgene Corporation
Company typeDefunct
Nasdaq: CELG
IndustryBiotechnology
Founded1986 (1986)
FounderSol J. Barer
DefunctNovember 21, 2019 (2019-11-21)
FateAcquired by Bristol Myers Squibb
HeadquartersSummit, New Jersey, U.S.
Key people
Robert J. Hugin (executive chairman)
Mark Alles (CEO)
ProductsRevlimid
Abraxane
Pomalyst/Imnovid
Thalomid
Idhifa
Revenue $15.281 billion (2018)
$4.046 billion (2018)
Total assets $35.480 billion (2018)
Total equity $6.161 billion (2018)
Number of employees
8,852 (2018)
Footnotes / references

Celgene Corporation, headquartered in Summit, New Jersey, was a pharmaceutical company that produced cancer and immunology drugs. Its primary products were Revlimid (lenalidomide), which is used in the treatment of multiple myeloma (63% of 2018 revenues); Pomalyst and Imnovid (Pomalidomide), also used in the treatment of multiple myeloma (13% of 2018 revenues); and Otezla (Apremilast), used in the treatment of psoriasis (11% of 2018 revenues). In 2018, 66% of the company's revenues came from the United States. In 2019, the company was acquired by Bristol Myers Squibb (BMS); as part of the acquisition, Otezla was sold to Amgen.